lori: there are still all law, there is a lot more than needs to be worked out with detroit so what you need to know. adam: don't take your eye off the market, stocks tumbling with the dow below 16,000 and the s&p below 1800. new highs reached for the first time just last month. cheryl: lori: halfwit between snap chat and ed snowden, that is the model for secure messaging apps welker. we talked to its co-founder and ceo in a new invention arms rates in the wake of ed snowden. welcome back. they troy to the big story today but first the markets, the dow is down triple digits of 104 and all 3 major averages extending losses. let's go to nicole petallides on a floor of the stock exchange for an update. nicole: we are looking at the markets under pressure, third day in a row of selling as we

watch that. we seen that since september but the trend has been lower. we have 104 points, down 1/2%. down 1/4%. below is 15,082. let's get to apple because that is a different era green on the screen. 6178. and did well to three orders and that was the beginning, they were buying a ipad. lori: the ink barely dry on the eligibility for bankruptcy, and filing an appeal to jeff flock outside the courthouse with the latest. >> this is just huge. let's look at the judge who did

it. steven roads, and a bankruptcy attorney, this ruling could have huge implications down the road all over the country saying he sensually if you have a pension and a municipal worker in your city declares bankruptcy it is not necessarily protect. kevin is the emergency manager who got everything he wanted in this judge's ruling but very somber when he came out to talk to reporters. >> we were very pleased, we remain very concerned about the need to improve the level of services for citizens and also prepare for the city to exit this receivership in a fashion that restores democracy. to the city. >> that is what a lot of people are concerned about, the democracy being restored. look at the pictures on the streets of the city, as soon as the ruling came trickling out

people upset about it, specifically pensioners, retirees, union members, their attorney who represents them talked just after the ruling was shellshocked. >> this is a scary day because what the judge has done is set a state constitution specifically and expressly protects vested pension benefits can be taken away in bankruptcy and that is very scary. >> sharon levine asks me as you point out, it is a huge ruling and this could have huge implications around the country. we will watch it throughout the day. always appeals. cheryl: let's follow upon those implications, thank you very much. adam: we will bring in a panel of experts who will break down a ruling and what it means

nationwide. amy laski's managing director unfix ratings on municipalities across the country and their ability to borrow funds in the future and david howell is here with what impact this will have on investors. let me start with you. is this going to make it more difficult for municipalities? talk about those that are in distress, is it going to drive up the cost of borrowing? >> for municipalities in distress is difficult to borrow money. if this makes it more difficult it is hard to say. it is already distressed situation they have a problem. adam: what do you think? you are potentially buying the debt of a municipality the judge is allowing this to go forward in a perverse way this is a good sign because the hair cut a bond holder might take won't be as great if the retirees have to take a cut. >> i think this is an isolated situation where the pensioners

really had very good argument under state constitutional law that their pensions wouldn't otherwise be cut. they won't repeals that decision. this is an isolated situation where people thought pensions could have been sacrosanct. adam: this is what will go to the supreme court. when you look at whether a municipality will pay back the money it borrows does the constitutional protection only seven states in the united states have a constitutional guarantee of protecting the pension, michigan is one of them and that is on the chopping block. do you look at that when creating the rating? >> more what we look at is the magnitude of those obligations and how they affect the debt overall, the government's ability to pay the debt including pensions. adam: because federal law from its state law could decision by the u.s. supreme court to allow via cutting of pension guarantees despite the michigan constitution upset the ratings?

would you have to go back and read all kinds of bonds that have been sold? >> if that is the ruling that pensions can be cut in some ways that is positive for bondholders because it at the level of flexibility to the governments that would not be there if the supreme court says no you cannot absolutely under any circumstances change pensions. adam: how do you look at this? we heard the lawyer representing one of the unions say it is being appealed and it is expected to line up in the supreme court. what do you as an investor look at it regards to how this could play out? >> there are a number of moving parts and the litigation between here and resolution of the situation. the best thing the constituents could do is sit down with real sincerity and negotiate because there are a lot of unknown issues. one issue that hasn't been brought up is the corollary to the pension issue, whether the geo bonds are as senior as they think or subject that compromises as well. adam: we talk about the detroit

debt, the pension, unfunded pension portion is $3.5 billion but that is in dispute. does is keep an investor away from municipal-bond market until all of these municipalities, chicago, ill. this is played out should i stay away from this? >> i am a distressed fundamental investor. there's not enough upside in the bonds in detroit or any municipality to go ahead and get invested in any particular way. there will be further distress in the municipal market. our fund is up 50% which is an important number how we require from reinvestment. with respect to getting involved as a retailer on the retail level there are so many issues that need to be worked out. i would stay away from distressed municipal situations. adam: there is the need for municipalities, healthy, distressed, to have access to cash, you will be busy at fitch. ratings will continue.

you said this could have a potentially good outcome for borrower is going forward and bond holders. is there something we are not looking at that upset the apple cart? >> we wouldn't equate detroit with chicago or most other municipalities. it is that broad brush to save they are all in similar circumstances. detroit is an out liar, an isolated case. municipalities in general are doing okay. they have been hurt by the recession but they are doing fine. what happens with detroit will be specific to the detroit. it may have other implications going forward but generally speaking before it is not symptomatic of the general state of municipal credit. adam: i was under the impression municipalities nationwide, a lot of municipalities are facing debt obligations that make it problematic to borrow and i will use san jose as an example.

29% of the general fund goes to pension obligations. that is money the doesn't go to build schools for new infrastructure. that is a problem and would seem a problem if they want to borrow in the future if you're going to lend money. >> that is our high number and includes -- i don't know where the 20% comes from theegeneral fund has some employes or other funds that contribute so slightly inflated number but i get your point it is a significant obligation and one they are going to be challenged to face but on the other hand san jose is a major city with a diverse economy and a lot of resources to face the challenge with. adam: thank you very much. a reference on that is the morningstar report. that looked at municipal debt of cities throughout the country. thank you for coming to talk about this. won't end anytime soon. lori: detroit not alone working out the debt problems. lawmakers in illinois gearing up for a vote to close the state's

$100 billion pension shortfall. the proposed plan includes raising the retirement age for workers younger than 45 and cutting retirement benefits. the plan is supportive of governor pat quinn and unions say they will sue if the legislation is passed. automakers were thankful for thanksgiving weekend, the big three posting monthly gains in november compared to this time last year. ford's november sales jumped 7%. gm notched 14% gain and big winner chrysler coming with a 16% sales increase. a slow month for auto sales manufacturers offer deals to capitalize on the holiday shopping season. adam: is now the time to get bullish? the biggest bears in retreat but wall following suit today. lori: he has been dancing with the stars. just am nominated choreographer mark ballast on his push to get healthy after 11 years as a

smoker. adam: record-breaking night at the seattle seahawks century link stadium but it wasn't just the stadium rocking. we will explain. ♪ every day we're working to be an even better company -

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adam: what goes up and down. a down day for markets, it has been quite the record run and that as the market's biggest bears in retreat for the first time, we are talking big-name investors. liz macdonald, who is going -- liz: jeremy grant and hugh henry, david rosenberg, we know how he is seeing the upward tilted market putting them in their back heels, and really somebody to watch, look at what he says, my personal guess is the market will work its way higher by 20% to 30%. but then it will take a severe economic shock with a relentless

pushing of the market but what he is seeing is greta van susteren two years there could be a market bust as you saw in 1999. adam: we had a discussion about schiller yesterday. it is not a bobble but close. liz: he is saying it is hard to outweigh the positives in the market. people are listening to robert schiller and coming behind robert schiller saying robert schiller is actually off, he is wrong when he is talking about a correction around the door or down the road, 2 to 3 years, roading correction so what they are saying is the operating profit margin, here is what is key, record highs of 1.6% for the s and p 500. if you referred to the average you will see a 20% correction down. profit margin will be back to where they were historically. to henry is a and i can no longer say i am bearish, willing to underperform when market crash but that could be in three

years and he went through to and overweight into equities in his fund as of september, 64% failure of equities. adam: don't invite them to a party. lori: as we do every 15, let's get back to the floor of the stock exchange to hear what the buzz is all about today with the dow down 120 points, pharmaceutical company's new joint venture making news. >> a lot going on on wall street, looking at a calm but deal today and if you own these pharmaceutiials today you are doing some happy dance because the stock is up 110%, it is worth noting it is under $1 billion market cap but it is going to be investing in clinical trials as well and collaborating with them on several programs to fight cancer so a big deal here, year to date

100% but today -- as i noted up 110% as we speak. back to you. adam: the 12 men really showed up without any delay at the seahawks saints game. it was so loud that century link field actually went seismic. late in the first quarter defensive linemen michael bennett returned a fumble 22 yards, the fans cheered so loud that they're jumping up and down registered as out minor earthquake. if an earthquake wasn't enough, seahawks fans get in the guinness book of world records for a lot of clout war with the reading of 127 decibels. lori: i wonder what that experience is like, the entire stadium shakes because of your performance. adam: on the subway, people say get this thing moving. lori: something just as loud. the top picks for names this

year, we will tell you who's number one for girls and boys. adam: when you don't want anyone to know your name, the apps that in procured text, photos and videos. walker's co-founder will tell us he doesn't want you to know what she looks like.

>> your fox news minute. the engineers of doubt before the fatal suburban new york train accident. they're trying to determine whether faulty brakes or human error caused the derailment. four were killed and 60 injured when a train came off the tracks at a high-speed. joe biden met with the japanese prime minister, continuing the to. before the meeting, the u.s. has an interest in lowering tensions in the region. the u.s. and japan refused to recognize china's new zone over disputed islands in the east china sea. joe biden is due to meet with china's president thursday. a massive power outage plunged venezuela's capital and other

major cities into darkness. the blackout began just after 8:00 p.m. when venezuela's president was addressing the nation on tv. he says the cause was sabotaged. those are your news headlines on the fox business network. lori: thankkyou very much. let's make some money with charles. a stock you have liked for some time. charles: alllover the place, we are in it and i still like it. you might remember this, under my plan of a cap and trade system electricity rates would skyrocket. that was barack obama in january of 2008. we have a chart of electricity prices right now if we can. they are right now believe it or not at all time highs. people and not talking about it but they will soon. interestingly at the end of the day the epa a cash am out with an announcement that they will

be flexible on these new rules and will give states greater with respect to this stuff. going higher and higher and other things going on in the economy, maybe they will pull back a little bit and that will be good for these coal companies particularly natural resources, today it is a 75% even before this news i thought they were turning the corner, they weather the storm. next year fiscal year the consensus is the will make $2.03, two month ago the consensus was $1.25, wall street is coming around to the idea that the bottom line which we know a lot of that was cost savings and things like that but maybe they weathered the storm. this stock is off to the races. lori: what about the fundamentals, the seasonality, the supply, the potential for further exploration of other energy sources? charles: that happens in a natural progression.

china is ready to go to war with the world of the $200 billion of oil in the ocean. we will be on fossil fuels for a long time. natural gas gets to a point they can't keep pumping it out because they will lose monny with the guys pumping it out so you got a certain buffer and global demand, it is sort of a contrarian play but this will be a grand slam. it has been volatile but north of 20 will take off. adam: more news on a topic we just talked to charles about, amazon's rose. the senate committee on commerce, science and transportation decided to hold a hearinggnext year to discuss regulations and impact of private companies using drones. senator rockefeller, chairman of the committee says the hearing is not a result of amazon's announcement was planned earlier in the year. rockefeller hopes the hearing will explore the potential economic benefit of the drones as well as potential dangers

they could pose. this message will self-destruct, not a problem, the promise of secure messaging promise, co-founder and ceo next. connell: obamacare offensive, the health of pushing ahead of the december 23rd deadline. so i can reach ally bank 24/7, but there are no branches? 24/7. i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service.

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35.99 and this is on news that they are talking with shareholders, one particular. engaged capital really says, you know what? it is time for the ceo to be out. after 16 years, almost perceiving mr. jeffries, mike jeffries as a roadblock to transactions in the future. also you have abercrombie saying, look, we're open to options, open to talking to shareholders, even a possible sale. saying they're open to many different ideas and you are seeing the stock reflecting that. back to you. lori: thank you, nicole. adam: president obama is expected to take to the podium in the next hour to begin a new pr offensive for the affordable care act. this comes as republican leaders continue to call for a complete overhaul of the president's signature legislation. rich edson is standing by at the white house with the very latest for us. he is going to hit the podium but not calling it a victory lap, is he? >> not a victory lap, adam. we've seen this from the white house before the president

pivoting to a different topics when things get difficult. he is pivoting to one aspect of the obamacare to another. getting away from the website and problems that plagued and props insurance companies are still not getting they say is 100% accurate from the website, that is known as back end problems. they had to delay the online exchange if you were a small business, some of the other problems, and now the president and white house will sell the benefits of obamacare. in fact they say there are some benefits they can do it daily until december 23rd which is the deadline for signing up for obamacare if you want coverage by january 1st. that effort begins shortly here at the white house. meanwhile republicans continue attacking it. >> the white house wants to claim that governor governor is now working. we know that obama care is still plagued with problems. -- healthcare.gov. every american deserves relief from it. >> yesterday, we were told over one million americans logged on to the website to shop again.

this is after two months of trashing of the website and two months of efforts by our colleagues on the republican side to dismantle the affordable care act. >> white house officials say president obama and the white house will be selling different aspects. like you can keep your kids on their insurance until they're 26 years old. you can't be discriminated against for preexisting conditions. things like that, they will sell one a day for december 23rd, for the next three weeks. back to you. adam: rich edson, thank you very much. lori: well you remember edward snowden? so after he looked potentially the most sensitive material in u.s. history, well, many people all across the world rushed to insure their mobile security. our next guest, cofounder and ceo of the security app, wicker, develop ad way for millions to encrypt the most private cell phone interactions, all kinds of data. guess what, it is free. welcome to our show. how are you doing?

>> hi, lori, thanks for having me away. lori: your motto is halfway between snap chat and snowden. what do you mean by that. >> i don't know if that is our motto but those are two hot markets or tornadoes we're snuck in the -- stuck in the middle of now. snap chat is my competitor. they turned down a 3 billion-dollar offer from facebook. and at the same time, edward snowden really sold the documents and let everybody know we're being surveiled and watched online. lori: what is the story with the sunglasses? i know encryption, secrecy is your business here. do you have to live it as well? >> i do. i think, i really careful about the digital footprint that i leave online. there is no pictures of me on facebook. i boycott facebook. and, tell everyone else they should do the same. lori: so a security expert, you're a long-time organizer for deaf conn. a annual -- def conn.

hacker convention. this is part of your plan and preserves credibility in all of this, correct? >> i work with the best hackers and crypto experts in the world and lucky enough to be educated by them to understand what really happens on internet and kind of information is available to bad guys and good guys making money. all of that was really, that education is what really brought me to build wicker. it's a way for my friends and family to communicate and not have to worry about someone else watching them. lori: so what can you tell me about the technology? essentially data disappears after six days. you can program the time period if you want? >> exactly. in order for a message to truly self-destruction, 2 has to be anonymous, private and secure. we also, forensically wipe everything on the device after it is gone. we delete the metadata and bind the messages to the device. on top of using top secret encryption. lori: could you take a screen

grab though. >> that is a really good question. in the version 2.0% releasing this coming week we actually took out the anti-tam perking, anti-screen tab technology because we wanted to prove a point that we always say this is, this is a "mission: impossible" this is sending a message, spy to spy. so really important for people to know, you never send a message to someone you don't trust. at the same time your biggest defense is plausible deniability, any screen shot can be faked and made. you don't have to do anything. lori: you have one million up loads of wicker. >> uh-huh. lori: you next plan roll out secure video and chatting. tell me about the official plans. >> once we realize we have a secure, anonymous connection between two people there is actually a ton you can do. the next thing we're rolling out in the new year are secure private video calling and calling. which i think now with the summer of snowden everyone realizes it more than ever it is

really important. i've been telling people a long time they were stupid to skype. that was even before the summer of snowden because if you look at terms of service, and their privacy policy, they clearly state that they're collecting all your conversations and have the right to do with them what they want. i don't think people really want that. i think people want to have private communications with their friends and family they control. lori: i mean big brother is always watching. sign of our times. great to meet you. i never see you on the street. that's for sure. never recognize you. thanks for talking about kicker. >> thank you for your time, bye. lori: she looks great. adam: kind of very stylish. red flag to goldman sachs? concerns over trading revenue. charlie gasparino is here with another exclusive. lori: celebrities no longer trending. parents going back to their roots to name their children. no courtney with a k or land done. we'll tell you the top baby names next.

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real estate provider corelogic said prices rose .2 of a percent over september but prices are up 12.5% year-over-year. corelogic pending home price index for november indicates prices are expected to remain at the same level as october. new york's madison square garden is launching a new franchise. billy joel at the garden, starting on january 27th. piano man will have an open-ended engagement at the world's most famous arena. he will perform one concert every month as long as there's demand. that is the latest from the fox business, giving you the power to prosper.

lori: well last quarter was a disappointing one for goldman sachs so how is this quarter shaping up? charlie gasparino here now with exclusive detail why goldman ceo lloyd blankfein is worried. tell us why. >> i hate to give the postmortem that they're dead before they die.

we have a few weeks left in the quarter. goldman is known to pull rabbits out of its hat. adam: enough to make his hair fall out? >> or grow hair or something like that. but basically when you talk to analysts, what is the big worry inside goldman sachs right now? there is definitely a worry about having, a, a second straight lousy quarter. lori: right. >> trading which is their bread and butter. m&a doesn't do it as much anymore. this is not a retail firm. they have a lousy asset management firm. where does goldman make money? generally equity business isn't so good. it has to be trading. if they don't pull one out of their hat on trading this could be two quarters in a row, last quarter was disasterous for goldman and it would be another sort of indication their business model is problematic and they have to do something quick. now, is there any indication from inside goldman that they're ready to buy a retail brokerage firm or something like that? no. but i can tell you this, the talk on the street right now is that the inside goldman, they are worried about a second

straight lousy quarter and they are worried what that means, particularly to investors. listen there, is kind of an interesting debate going on right now. morgan stanley has the advice, both on institutional level when it does its investtent banking, and, through this massive retail channel, brokers and a lot of people, lot of investors like mike mayo saying maybe this is the model as owe toes posed to what goldman has, based on trading in environment where you can't trade that mention. adam: there is german expression -- >> i'm having lunch with miss germany. adam: i bring it up, because on the street they love to see someone at the top pulled down. >> right. adam: does this make it harder for goldman sachs going forward to recruit? they had the reputation best and brightest, to get the best and brightest? >> one of the interesting things about recruiting, how much money you pay. goldman sachs is tremendously profitable firm. still pay their people well. talk about bean newses earlier. will be a mixed bag.

places like goldman will city pay people. when you're looking at business models, what do investors look at? they look at business models and see how it is going to fit in the next five years. given regulatory environment, the volcker rule coming down, not totally down but looks like it is almost done. will curtail proprietary trading, using their own ideas to trade in the market. they can take risks in trading, this is where they make their money, only based on a customer trade so more of like a middleman. here is the problem they have. they're not as big as jpmorgan. we beat up on jpmorgan all the time. everybody going after them. here is reality of jpmorgan, because it is a huge bank and so many customers, guess what? it is middleman on some different trades. all it has to do is act as an agent as opposed to a principal. lori: interesting, talking about the question of recruitment, curious what you're hearing from headhunters around people in general, are folks going, talent going to wall street or going to private firms?

you have the sac story and jpmorgan story around goldman story. >> if you're smart kid, good at math, you go into tech. lori: or research. >> that is one of the sort of interesting things. wall street is not attracting. there are always people who want to make money. we're out of the financial crisis which wasn't a good thing. then you have the president of the united states beating up on you every day for the past four years. lori: right. >> at least the last three. he really started beating up on wall street right when the republicans won the house, if you notice, just where the class warfare rhetoric. figure about two years, for the last two years, you know, barack obama, president obama has been relentlessly beatings up on wall street. lori: maybe right all the way back in 2009 came out with pay package reform. >> i think he was easy on them. i think when republicans won congress, when scott brown won in massachusetts, that was -- lori: it intensified. >> it intensified. he ramped up the class warfare rhetoric and it worked.

think that hurt wall street. lori: it is generational because wall street jobs were so prominent. >> remember 19 '90s, it was great being on wall street. a big thing. like, it was like a positive. lori: yeah. >> you talk to wall street guys single trying to meet young lady, it's a negative. lori: take more advice from you. >> yes of course. of course. adam: you think the midterm elections everyone is talking about that, we'll see this rhetoric get ramped up even worse? >> good question. the president has other big fish on his -- one of the, politicians love diversions. we have obamacare which is obviously blowing up, right? adam: he needs a diversion. what better than favorite whipping boy. >> jamie dimon. maybe squeeze another 13 billion out of jamespy and -- jamie and everybody will forget about obamacare. i have to go to lunch. adam: enjoy. new parents going back to their roots when it comes to naming their kids. baby center.com unveiled the top 100 baby names in 2013.

>> anthony on that list? adam: no. coming in at number three, liam. >> how about vito? adam: no. last year's top name, aden, dropped to number two. top boy's name for eight straight years. what was other one. >> tony. adam: tony is on there i think. taking top spot for most popular boy's name, jackson. for girls, third most popular is olivia. coming number two, emma. what is miss germany's name? >> eileen. adam: not on the list. for the fourth year in a row, sophia. lori: there you go. sophia. adam: stocking ends losses. dow down over 100 points. jonathan corpina on the floor of the new york stock exchange. jonathan gets to follow my interaction from charlie gasparino over baby names. we're on track for third names of declines. what is going on? do we get back in positive territory this week or next week? >> i like the interaction with charlie. on girl's list i hit two of the

top three. adam: there you go. congratulationss. >> there we go. as far as our markets are concerned we've been talking about this are a while. what will derail our market, with will shake our market? few things going on. the "detroit news" is not investors panic sell or reason to sell. risk off coming into the market, historically markets move higher. i think we will continue to see the market move higher but on a short-term basis right now we're seeing a little risk-off trade. that is why we have the little market celloff. let's not panic or overreact. we will take a couple steps back every once in a while. adam: jonathan corpina, if you have any sons in the future, charlie says consider vito or sal. >> there are no more children in my future. lori: at love info there. tmi perhaps? he lit up the dance floor on "dancing with the stars." turns out those were emmy-nominated choreographer

mark ballas's hot moves. he will show us. i have a little sneak peek. thanks. ♪

lori: smoking hot dance partners to anti-nokiaing partner. after struggling to quilt for years, emmy-nominated "dancing with the stars" star mark ballas credits this with helping him to do it. >> nice to meet you. lori: dance with the commercial. congrats on quitting smokeing. >> thank you. lori: working with walmart with the blueprint program. >> yes. lori: did they approach you, did you approach them? tell us how it came to be. >> they approached. i grew up in england and smoke

something kind -- lori: europe all over. >> i grew up around it. something that is kind of, you know, part of the lifestyle and i tried many times to quit before and i've done well in the past but always ended up, inch, going back to it. all based on will power and that kind of thing. when you're out socially and friend smoke a lot, a lot of my coworkers smoke too. lori: so i would imagine if you're smoking so much, that walmart, which is the exclusive seller of this program -- >> yeah. lori: knows that. that is saying something, right? >> right. we had a meeting. i told them my story. something i would really love to quit. my grandma ended up quitting after 40 years. something i really wanted to do as well. the great thing about the program like dancing or training for everything, if you have diet goals or workout goals or even getting ready for the show, gives you a regime. lori: sure. >> blueprint really give you a routine you stick to. you do it every day. not just based, oh, today i'm not going to have five. or toddy quit completely. lori: this is one thing we were

talking in the break to represent hair shampoo. >> yes. lori: or clothing because, sure, but to actually stick with not smoking, that's a significant commitment. >> absolutely. i think that was great incentive for myself because something i always wanted to do. also my main reason as well for partnering up with a company just to encourage people to live a healthier lifestyle. lori: by the way, walmart says they have generated 108.6 million impressions since they began the campaign with you. >> yeah. lori: nicotine replacement therapy sales, different products at walmart doubled to reach their highest number in history. so that is saying something. >> that is really great. for me, just about, partnering up with them and encouraging people to do it. lori: with the, it is two parts, right? >> yeah. lori: nicotine replacement therapy. >> yeah. lori: you do that, and have lot of support. >> there is online support. any point like 3:00 in the morning having one of those cravings, you have online support. ask any kind of question. there are professionals that can answer anything.

also people also doing the program that you can, you know, talk to, kind of ask each other questions and what their experience is like. a lot of times when you're quitting you feel like you're only one in the boat, but with online support, there are loads of other people to talk to communicate with, and talk about your concerns. lori: why are you confident you won't back slide? >> i feel like this time -- lori: a lot of people do, yeah. >> i have in the past of course before and, with this, kind of completely changed my mind-set and gave me a program. when you accomplish something like that, finish a program you never really want to go back. i have feel a lot better. i feel a lot healthier. when i was younger, like, you know -- lori: so old now. are you even 30 years old? >> no, not yet, getting there. there is a difference. as a professional dancer and athlete, once you get past 25, 26, the body does change. lori: you do, 16, 17 seasons of "dancing with the stars" while smokeing. >> 16. lori: while smoking what was

your peak? >> a pack a day no problem. lori: performing, after performing. >> during the season it would be less. i didn't like to smoke on set. i don't want my partner dealing with that, you know what i mean? lori: sure. >> smoking a lot and, dancing is also very social. we would always be out after the show. there are meetings and we all get together. a lot of people on the show smoke as well. so, very accessible. lori: do you see yourself transitioning? choreographer, emmy-nominated, participating with the "dancing with the stars." this is one of your earlier for raise into a business agreement if i'm not mistaken? -- for race. >> yeah. lori: what is your future with the plans? >> with this company? lori: with about interests and as well as "dancing with the stars" and creative interests. kind of continue to dabble in both as times goes on? >> absolutely. you never know how much longer the show is going to be around. luckily we had a real loyal fan base.

amazing. still have a few more seasons left under the belt. if they continue to have me i would still want to be a part of it. lori: excellent. >> creative aspect keeps me moving. >> thanks for sharing your story, mark ballas. >> thanks for having me. adam: got to have it. our week-long series. ceo of brookstone with this cool gadget and a lot more. also, who's to blame for detroit's bankruptcy, government, unions, or business? we'll cover it and answer your tweets. tracy byrnes and ashley webster take you through the next hour of markets now. every day we're working to be an even better company -

and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger.

i need a newn't investment pn. i need to rethink the core of my portfolio. ishares core etfs are low-cost funds. so you can keep more of what you earn. get started with the new ishares core builder. design a personalized plan that can help you achieve your investment goals. ishares by blackrock. call 1-800-ishares for a prospectus, which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. tracy: good afternoon, i'm tracy byrnes. ashley: i'm ashley webster. the motown breakdown. detroit bankruptcy, who is to blame, government, unions, business, or all of the above? tweet us. we have up-to-minute coverage of a bankruptcy judge's ruling. all the implications not only for detroit but other troubled

cities. tracy: a really different story from detroit's automakers. car sales soaring and driving towards new records. we have an analyst that will break it all down. ashley: got to have it. ouu week-long series. how about this? a high-tech bartender for your home. sign me up. brookstone's ceo is here with the very latest and greatest gadgets for the manned r man and woman who has almost everything. tracy: it is really cool. you won't believe this. the post office can't even get the image of the statue of liberty right? please shut the doors and melissa francis is in the room and on a mission to save the post office but shut the doors. that and much more. coming up. can't-miss hour of markets now. ashley: way to call melissa out. >> i love her but shut the doors. ashley: we have a market selloff. go down to the new york stock exchange with nicole petallides. down over 130 points right now, nicole. >> i need the post office.

don't shut the doors. or is that the statue of libby. i'm not even sure. i just dropped in here. looking at markets, dow, nasdaq and s&p all selling off. what is worth noting the third straight day for selling for the dow and s&p. haven't seen that since september. there was some european selling. that weighed heavily on our markets. it will be interesting to see if people that buy on the dips will step in the last couple of hours of trading. that is according to art ashh3 inch ubs. -- art cashin. vix is expect is up and we're expecting volatility between now and friday. jobs report. it may move 3% one way or the other. groupon is a name on the move. groupon did well on thanksgiving sales season, thursday, friday, saturday, sunday. turns out they made records and sold everything from home goods to electronics and toys. very amazon-like for groupon. that did incredibly well.

sit the own record. 3.2% to the upside. $9.03 a share right now. back to you. tracy: i bought a wii game for my daughter, using groupon on mobile phone. i'm so hip and trendy. that's right. so hip and trendy. they are very amazon-like, nicole. you're absolutely right about that. thanks, girl. see you in a bit. detroit goes bust. a federal judge ruling the distressed city is officially eligible for bankruptcy. this really angered the unions in the process. our very own jeff flock is outside the courthouse. he was inside at one point. jeff, what is going on? >> standing in the rain right now. judge steven rhodes refused to stay his ruling as the unions appeal that ruling. american federation of state, county and municipal employees already filed an appeal. they asked the judge to stay list ruling that detroit is eligible and able to move forward with bankruptcy.

he refused to do that. so their appeal goes up the chain. for now the case moves forward. we talked to kevyn orr, the emergency manage ir. he didn't say he was surprised by the ruling but a lot of people were surprised feeling that the judge went even farther than anyone expected him to. kevyn orr saying, he was happy about the judge's ruling. the fact is, detroit has just run out of money. >> we're trying to be very thoughtful, measured and humane about what we have to do. what i can tell them is that the reality is, there is not enough money to address the situation no matter what we do. that is clear. >> back here in detroit obviously unions very concerned about this. this is the first time a bankruptcy judge has said if a city or a municipality goes bankrupt, you can take away the pension. doesn't mean it will happen. i leave you with a picture behind me there. see that building there? that is the "detroit free press"

building, just bought for $4 million by chinese investors. maybe there are happy year days ahead for detroit. some people see some positive and see some possibilities for this city going forward. i mean may not all be americans. tracy: yes, there's that. jeff flock, thank you very much. you make an awesome point. the fact he made a statement is frightening. we have a chairman fellow from the manhattan institute. ashley: he will be along shortly. madison square garden in a new york state of mind. announcing that billy joel will become the first-ever musical franchise. earlier the piano man had this to say about playing the storied madison square garden. >> growing up in as spiring musician in hicksville in new york. madison square garden appeared larger than life. like many other aspiring musicians i dreamed of playing the garden.

ashley: for more how you can make money on the new partnership we turn to charles payne. this is kind of like a vegas deal with celine dion playing in vegas. this is the same deal for billy joel. >> absolutely. i couldn't get the exact details what he might be guaranteed but essentially have four lined up for next year. first four are sold out. as long people see him, he will play every single month at madison square garden. billy joel at m garden like peanut butter and jelly, right? he first played there in 1978. played there four times. sold out 12 shows in a row. got to tell you, looking at madison square garden stock they probably needed to do something like this. last quarter, media did okay. media did 166 million in revenue. sports was okay. 38 million, up 21%, cash flow. but entertainment was down 7%. cash flow from entertainment was

down 20%. they kind of blamed it on radio city music hall, the beacon theater. bottom line is -- tracy: why blame he it on them? >> they did. they didn't necessarily have kind of shows -- ashley: haven't been there in a while. >> interesting they own all that and forum in los angeles. they have branched out but you got to get preet creative as publicly-traded company in big, static building and looking for new, interesting ways to do this. i don't know that billy joel is the answer but i think it particular venture will be successful. tracy: i was going to ask you, did billy joel move the stock. >> i don't think it moved the stock, but this is kind of thinking they need, out of the box thinking particularly with the stock being weak right now. they make a point of saying he is first. here's a good statement for you. today's announcement that billy joel is joining the madison square garden family as the first music franchise is truly a momentous occasion. andrew m. cuomo.

a big deal and great deal for new york. tracy: one of the greatest shows i ever saw, i don't think it was at garden -- ashley: white snake? tracy: my jersey area. no, white snake was second. the greatest show i ever saw, was elton john-billy joel. that was the best. >> two weeks ago i saw kanye west. he was okay that he started to rant better than walt disney and howard hughes. even my son said it is time to go. tracy: i actually hope whitesnake does a reunion tour, just so you could see it. >> here is the question. will they have their own hair or will they wear wigs? ashley: thank you, charles. >> see you later. ashley: got the whitesnake in there. tracy: should be on the bucket list for you. ashley: obviously. tracy: the city of detroit moves into bankruptcy, carmakers headquartered in motown are actually showing really strong sales for november. we're going to break those numbers down for you ahead. ashley: plus, got to have it. the ceo of brookstone joins us with his sales out look for the

holidays. oh, yeah, we get to play with very cool toys. tracy: that is so fun. look at oil now. jumping more than 2% on expectations for greater demand. that and tomorrow's eia inventory report will show the first drawdown in supplies since september. oil is up about $2 right now. all your metals are down as is the dow, down about 139 points. we'll be right back. ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutuafunds beat their 10-year lipper average.

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ashley: so who is to blame for detroit's bankruptcy mess? government, unions, or business? tweet s your answers and they will be at the bottom of the screen. joining us to talk more about this is his steak. stephen ides, senior fellow at the manhattan institute. thank you for being here. what are your thoughts on today's ruling? took a while for the judge to get to this point. what was your overall impression? >> city got basically everything they wanted. all the arguments the city made to demonstrates its eligibility the judge seemed to agree with the slight exception that the judge could have done more with good faith bargain with creditors prior to filing. but generally speaking, everything continues to be proceeding on track for detroit trying to reduce its debt. ashley: surprised he said yes,

the city can go ahead and cut pensions? >> that was a surprise. people thought this controversial issue pensions can be cut in bankruptcy, given strong constitutional protection pensions have under state law, the judge put that off. we don't need to get into that right now. we need to determine if the city is insolvent. we're under federal law. state law doesn't necessarily apply. he didn't say necessarily that pensions would be cut but it's a legal possibility for certain. ashley: how will this play out? there is talk about cents on the dollar. they gave example of retiree surviving on 19,000 a year, could be down to 9,000 a year. would the judge go for that? >> the judge has not said he would go for that scenario in particular. detroit has not specified exactly what type of pension cuts it is going to do. there are a number of ways you can do it. hold harmless of people in retirement. pension liability also relates to current workers accrued

benefits still receiving a salary who have time to plan. there are gentler ways to do these cuts but it is necessary pensions be cut according to the judge and the city. ashley: what happens now? you say we're in the fourth inning. still aways to go yet. >> that's right. under the official schedule this will be concluded sometime next fall, slightly best november elections. the big next hurdle what they call the plan of adjustment. the city has to submit to the judge where it wants to cut and what it wants to duty. then there will be legal wrangling over whether or not that is a fair plan. actually the majority of creditors have to sign off on the plan in order to, in order to certify it. there is also this kind of "nuclear option" that the judge could cram down the plan of adjustment if the legal negotiations still go nowhere. officially the city is hoping to compel the creditors get them to understand they're not going to get a better deal. ashley: what other legal recourses to have and retirees. can they tie this thing up more in court? >> they certainly can try.

vowed to appeal. they have already used every legal argument in their arsenal. but it was the judge's decision. one reason why it took him slightly longer than expected to come down with this ruling, he wants it to be a strong ruling, fair ruling. he thinks it will hold up. he said that. he didn't think the appeals are going to overturn it. ashley: is this a test case and do you, i mean, you know, it is speculation but are there other cities out there could be going down this same road as detroit? >> that is certainly possible. there are many, the structural problems that led to detroit into its, into its bankruptcy, really pensions, unsustainable employee compensation levels, certainly many cities are facing that situation. the economy is chugging along at 2% rate or so. that may be enough to prop many cities up. certainly when the next recession hits, there is going to be more detroits. ashley: we're out of time. stephen-eyed, thanks for being here. latest chapter in the ongoing drama.

appreciate. >> it there are a lot of cities teetering on the verge, right? it is a quarter past. time to check on markets. nicole petallides on floor of new york stock exchange. stocks sinking, huh? what is going on? at session lows. >> 15,866 is the session low on the dow jones industrial average. for the s&p 500, 1789 would be the low. so we're watching these levels closely. when you talk to the traders they talk about the fact that you have multiday lows, right? so you've had three days in a row of selling, and you're at the lowest point of those three days, so it is not like we're recouping losses. on the contrary. we're actually giving a lot back. so nothing to be worried about though, right? unless you break some really key levels. but for right now, you do see the dow, 134 points to the downside. hey, let's get to tesla motors. tesla getting a good pop up 13.25%. couple things worth noting. you did have morgan stanley calling them a top pick in the auto sector. they love tesla motors coupled

with the german regulators looked into the model s fires saying, letting that go and saying there is no manufacturing problem. nhtsa doing that here in the states. jeffries cut to 190 target from 210 but at 140. tracy: nicole, thank you. ashley: jo ling kent with a ceo of an app that gives you a dish on the date before you hook up with him. tracy: has to be similar app for guys out there. ashley: you would think. tracy: one of the hottest gifts for both kids and adults this holiday season. it is song. ceo of brookstone ahead with some cool tech toys. ashley: look at that. tracy: including that. you want to come play with us. dow down 145 pointssthough. don't go anywhere.

>> at 20 minutes past the hour i'm lauren green with your fox news minute. the engineer reportedly says he zoned out moments before that fatal suburban new york train accident. investigators are still trying to determine whether faulty brakes or human error caused sunday's derailment. four people were killed and 60

people injured when the train came off the tracks while rounding a curve at high speed. hong kong has reported its first case of the h 7 n 9 bird plus. a domestic worker from indonesia who traveled to main mainland china is hospitalized in critical condition after she came in contact with live poultry. it was first identified in april t has infected 139 people and killed 45 in china and taiwan. scientists have discovered a world war ii era submarine buried off the floor off the coast of hawaii. the sub was considered a technological marvel of its time. the vest tell has been missing since 1946. those are the news headlines on the fox business network. and now back to tracy. and you are a technological marvel. tracy: no, i'm really a technological idiot. that will be our secret. lauren green, thank you very much. >> sure. tracy: after an awful date have

you ever wanted to warn other people about the awful guy you went on the date with? josh peck not included. now you can with a popular app called lulu. jo ling kent interviewed the ceo and founder. she is here with the story. my guess the ceo went on a bad date. >> certainly came from her personal experience. a lot of women are getting a huge kick. women can rate guy friends and ex-boyfriends and sign in anonymously through facebook and. men can opt out with a few clicks. i bet at love people are right now. it is raising all kinds of questions about privacy and double gender standards. here are some popular hashtags to rate men. makes me laugh. six-pack. epic smile. man-child. snuggle machine. sketchy call log. insecure and gold digger. now, taking a look at lulu by the numbers, three million users

are signed up according to lulu. 400 million profile views. 50% of the users re creating content. with so much buzz i asked the ceo, alexandra chung is major brands and advertisers trying to get in on the action. >> quite a lot. actually at the moment, brand, women control about 80% of consumer spending. so certainly brands and advertisers want to reach this type of audience, especially the younger audience that they can stay with them over the life cycle of the woman's life cycle. we're seeing brand right now creating profiles of their own products on lulu. so i think therefile of burger king. there was a soft drink company the other day. they're getting their products out there and having girls review them as if they were a guy. >> as for those privacy concerns for men, chong says lulu was created in accordance with american law and regulation. i also asked her if this app is

double-standard, women rating men? she said women already rate products homes and other things so why not men too? but of course we know that a reverse app will probably be trouble, tracy. tracy: yes, but anyone been in from tern house recently knows that is all they're doing is rating women. does lulu have plans for expansion? she did mention that women are rating stuff. >> that's right. so the ceo plans to expand into new verticals like rating beauty and health products. they're trying to capitalize on a huge buzz they're getting. i have a feeling we'll be hearing more from them. tracy: and from the ceo as well. jo, thank you very much. >> thank you. tracy: but haven't men been waiting women for -- ashley: adam and eve. tracy: there you go. ashley: adam probably rated eve at some point. tracy: gave her an eight. ashley: guys hack into the site by the way and make themselves -- tracy: change yourself to snuggle bunny. ashley: detroit carmakers driving towards record sales as motown goes bankrupt. why ford, gm and chrysler are

having banner years. that is coming up next. tracy: president obama set in moments to deliver the first of what could be daily pitches on obamacare. our very own rich edson is standing by the white house with the details. ashley: gotta have it. high-tech bartender for your home. brookstone's ceo will join us about that and more fun toys.

ashley: president obama expected to take the podium to begin anew pr offensive for the affordable care act, rich edson standing by

at the white house with the latest. >> this is the place to cavett from obamacare to obamacare, away from the problems to the back end problems with the web site sending in to insure its companies the delay of small business online exchanges and the move to selling the benefits. we heard these before, preexisting conditions are eliminated, lifetime limits, you can stay on your parents' insurance until you are 26 years old. the administration said the a c a is more than a website. >> it is important as the improvements have been made to the web site and more americans are visiting the site and having it function effectively for them, we remember what the gunz did-what the aca is all about, the benefits being provided to millions of americans. >> republicans say it is more than a website, the web site is the mess and so is the entire

law and they plan on four more hearings, three tomorrow focusing on the affordable care act, expansion of medicaid, problems with p rollout especially focused on that website. the president is supposed to speak in a couple minutes and we will carry it here. ashley: rich edson at the white house, thank you very much. let's look at the dow 30. exxon mobile, the top of the list, at the bottom walt disney, the company getting a downgrade, neutral, the fundamentals catch up, and espn is strong, theme parks are strong, movie theaters are strong but the stock price might be getting ahead, disney down as a result of that. nicole petallides keeping an eye on the dow down by triple

digits. >> across the board weakness in the dow, the rent that is going on here and fact that you don't have people coming in and scooping it up, this will be a great bargain, you have seen a lot of weakness in material, a consumer discretionary, financials those these three days have shown a lot of selling, mark noon, as you continue to see more selling, that can pose further damage so you need to see somebody start buying. crispy cream down 19% after their quarterly report "after the bell" yesterday. since it was right there, data shows it. liz: the big three automakers and a big november, g and

chrysler from a year earlier, this as motown goes into bankruptcy. talked about this juxtaposition. the carmakers with lower price entry-level vehicles and it is driving the share price or a share of the market, mercedes has the best november ever. joining us, vice president said kim, mercedes, kind of makes your head spin because in theory we are coming out of recession and starting to spend money and the lower models would be up and moving but the high end, what is going on? >> just launch the 2014 s class and this is the mercedes flagship model, those that can afford it are excited, they built up a tremendous amount of buzz, a mercedes has authorized its dealers to spend $2,500 to

really improve the customer experience. that is helping. liz: we are hearing that. lots of people here telling us they are wheeling and dealing. is the group to be a bmw? >> certainly that is one of the goals. mercedes and bmw are engaged in a battle from the injuries to primacy over the last couple years so this year is no different. as we head towards the home stretch of the year, both brands play the stocks. liz: chrysler had the best in november. what is special about this past november? >> the past november, we of course had the thanksgiving holiday and black friday deal certainly helped move sales

along. in addition, not just the deals, also a fact you have a pent-up demand for new vehicles, the average age of new vehicles is over 11 years old so -- return of credit. general motors, strong demand for truck product. chrysler just released the all new jeep cherokee just went on sale, november was the first full sales month ever, sold 10,000 units in the first month of sales, that is impressive, general motors, the new full-size pickups are performing well in the marketplace, their introduction was pretty much complete so those are selling strongly as well so be struck product from general motors and

chrysler are driving both. cheryl: that is a great new, but really interesting that trucks and the small luxury cars are pulling the numbers out for these guys. what happens to hybrid and energy efficiency? >> hybrids and energy efficient vehicles, bubbling along in the marketplace, doing okay, but as the economy is recovering, more high end vehicles are recovering more quickly. in particular, let's talk luxury for a second of. the various luxury segment in the u.s. market are recovering at a significantly higher rate than the industry as a whole. what is going on here? our own data showed that between 2006-2012, the median household income of new vehicle buyers

went from $75,000 to $90,000. that is a 20% increase in household income. that is different. liz: they introduce smaller entry-level models and keep you all the way through until you get the big ones at the end. thank you for sharing your thoughts with us. ashley: oil closing up $2.22, $96.04 sense per barrel jumping 2% on expectations for greater demand marking the third day of gains for crude, the longest stretch of gains in five weeks. time for your tech minute, written all over your face apple has been granted a patent for users facial recognition technology to control a computing device allowing for a more secure operating environment as they say. the technology allows phones to sense if someone is looking at

the device. of the person is an unauthorized user the screen will remain up, a ring tone or vibration will be sent. is not clear if or when apple will use the technology in computers or mobile devices. shares of apple getting a nice boost, upgraded the neutral, nice jump to date. sony reporting play station 4 global sales stopped 2.1 million units, less than three weeks of being on the market, but one million units sold within 24 hours of the new play station launched in north america on november 15th. sony on track to build five million units worldwide by march which will be helped by february's believe in japan. shares are up over 90% in the last year, down slightly today. self-fulfilling prophecy, jeff flock brought you the first live

look at gm's driverless, vehicles on the road by 2020. folks at volvo say they will have 100 driverless cars in sweden by 2017, three years across the board gm. the drive me program is a partnership between volvo and swedish government agencies to eliminate deadly car crashes. self driving will be allowed on preapproved roads. the best hit heavy areas still need to have an actual driver behind the wheel which i think is good news for everyone. tracy: i want one of those driverless cars. more cool tech stories ahead. the ceo of brookstone is on next, cannot wait to get our hands on the stuff we get for holidays. it will be fun. ashley: new findings on how american school kids compare to the rest of the world. not pretty reading.

we will be right back. stick with innovation. stick with power. stick with technology. get the flexcare platinum. new from philips sonicare.

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tracy: nighters special series got to have it. tech gadgets and novelty gifts are popular around the holidays. i have one in my hand but there is no better place to find them and brookaustin, the least we

want to go to. the hottest holiday items, specialty retailer, we were talking about that. you are one of the last brick and mortars out there that you got to go to because you can touch everything in this tour. >> you got to try it is the team at the front of the store. it is an interactive environment, you pick of the product and touch it and play and fall in love with it and that is what you want to do in retail. you can pull this out, stuck in the jar a little bit. >> what you have is a kinetic sand product, you get stand at the beach. it is fabulous. and amazing texture, stays clean on your hand, never dries out and what you can do is called incredible things with it or just run it through your hand and use it as a stress reliever. tracy: complete the addictive. ashley: a great blob. took hours to get that. tracy: we were talking about how

this is in house. we hire these creative people to come up with this. >> bob brooks tony is unique in that we are not just a brick and mortar and web site, we are a product development company. we bring products from atkins right through delivery to store shelves. it is unique and proprietary and innovations in brooks the are only available there and that wet is makes the shopping experience special. ashley: i love this innovation, perfect drink, apps controlled smart bartender. explain how this works. >> the ultimate accessory for anyone who is into entertaining. it gives you a scale, an apps downloads to your tablet and lets you view real-time the level of drinking are pouring, shows you what the ingredients are and how to make it perfectly every time. ashley: i am sure there are lots of recipes. >> 250 presidents with more recipes, constantly updating

itself. a lot of fun. ashley: they will tell you how to compensate. >> if you have a heavy hand they will tell you how to compensate. tracy: i have the older generation. >> this is the latest in a line of big blue audio products. a rechargeable bluetooth speaker, through nfc connectivity, incredible on the directional sound, the number one audio performance product brooks don't ever put out, hitting stores next week, in music to your smart phone. ashley: one thing, it goes for 14. the different sizes, perfect drink, $69.99 which is an amazing price for products like that and technology, and the big blue ideal line. ashley: the prices are lower

than people think, of $5,000 share at the front of the store. this is not the price they're giving up. the average product are $30, something on everybody's wish list, whether it is a variety of interest rates. tracy: you are the last brick and mortar people to go to, do people buy in this tour or do they buy on line? >> a little bit of both. everyone is shopping where their preference lives. the beauty of the story is you can't touch and feel, you can shop, show your spouse or family, lying on the couch and transacts right there. tracy: i could never explain this to my kids. >> my kids love it. ready addictive. tracy: you work on thanksgiving day. >> we are in the stores and had a great time, people were in a wonderful mood on thanksgiving and black friday and the

consumers of this year seems more upbeat than they were last year. ashley: smoke coming out. i will put it back on the blob. tracy: thank you for bringing this in. >> thank you for having me. tracy: the only store left in the mall that i want to hang out in. every husband. ashley: appreciate it. tracy: coming the tomorrow, lisa from commonwealth toy and novelty, angry birds, duck dynasty, all these stocking stuffers. you don't want to miss what they have. tomorrow at 2:00 p.m. how is this? i never played angry birds. ashley: what? got to get that. tracy: don't know how to play. i know there are birds and they are mad. ashley: quarter till the hour. let's get to the new york stock

exchange. jonathan, you think we turned completely insane playing with toys but there is not a lot of happy playing going on in markets today, the dow trying to come back but back triple digits. what is going on? >> you should send that sand down here that we can use down here. we are clearly seeing pressure on this market. some short-term profittaking, we can't panic at this point. if you look at 2013 when the market was down three days, it bounced back after that. this is all help the movement. as we go later in the week lot of economic data will be given out of washington that will help support this market where it is right now and continue to move higher with unemployment numbers, very important. ashley: we send an emergency thank you of sand. tracy: it is and, first of all. you have to say and write. is the coolest thing you have ever -- i don't know how to say it without saying that, the

coolest thing you ever played >> we have to get some. ashley: thank you. tracy: good stock. ashley: the future of a fast and furious move the franchise in question after the death of one of its stars. dennis kneale has a look at the tough choices the producers are facing. tracy: the post office can't even get the image of the statue of liberty right. what the heck? believe it or not it will cost them money, money they don't have probably. we will talk about that next, the dow down 114 points. we will be right back.

ashley: "fast and furious" and life and death.

contest universal facing a delicate balancing act after actor paul walker died in a fiery car crash. dennis kneale has the implications of that story. dennis: fast and furious vii was halfway through production when paul walker including various scenes and died on saturday in a high-speed car crash north of hollywood. the crash eerily reminiscent of the stunts that fill the six previous films in the car racing franchise that walker start in five, universal must decide how to proceed, make the movie a tribute to paul walker? fans are placing flowers and cards at the site of the real life crash. of the steel rewrite the script to have his character meet a tragic end or use computer-generated effects to insert the actor's image into the rest of the film kicking back in 1991, actor oliver reed died in the filming of gladiator and the producers used computer-generated imagery to superimpose the actor's face on

a stand in's body. today the tech is tons better. have to do what they got to do. i think they will. you don't scratch a film of the franchise like this. you don't scratch out a beloved actor. you have to do something with it. >> the you have a character dog or not? tracy: it is a loose/lose no matter what you do. ashley: might as well make a tribute to the guy. tony soprano has a movie coming out after his death. thank you. tracy: we have been talking about this post office and their problems and they continue. in a case of mistaken identity that will likely be settled in court if you can believe this united states post office based their 2011 statue of liberty stamp on the replica new york,

new york casino hotel in las vegas. please tell me who the genius was who did this? if you look closely you can see the vegas lady liberty has stylish hair, a little smirk. the sculptor who created the mega statue is suing the postal service for copyright infringement. you can't make this up. the postal service has printed five billion copies of the vegas media liberty rubber-stamp according to the complaint. viva las vegas. dennis: i thought the vegas was the real one. tracy: i thought everything in vegas was real. ashley: the post office is one step forward, 28 back. they cannot help themselves. tracy: someone was in vegas. ashley: take a picture of lady liberty. tracy: come and gone "countdown to the closing bell" are you interested in lowering your electric bill but worried how to go solar? a new startup aims to be an easy

one stop shop for going green. we told you about that delivery stock, now a british company says forget the drones, they plan to use towels instead. isn't that very harry potter-like? the dow is down 106 points, trying to make a come back, liz claman is next, and don't go anywhere. . every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here.

through all of our energy operations, we invest more ithe u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger.

♪ ♪ liz: good afternoon, everybody, i'm liz claman. it's the last hour of trading, a little ugly out there right now. the dow is on track for its first three-day losing streak since september, and right now we've got the dow jones industrials down about 105 points, off the earlier close, but despite tooay, we've got some attractive spots we wanted to tell you about out there. look no further than automobiles. american auto sales easily beating expectations in november as consumers shelled out big

bucks for new models and pickup trucks, all different kinds of vehicles. analysts say pent-up demands along with low inte creating a perfect storm and also helping juice the sales there. chrysler, general motors, ford, all reporting better than expected november numbers, all improved on sales from a year ago, but they're not the only onings. a bunch. of other auto -- bunch of other auto companies looking good. gm losing about $1.16 at the moment. chrysler, of course, trades under its parent company, fiat, but it is looking to launch an initial public offering on the new york stock exchange next year, so watch out for that. we're covering that story very closely. and speaking of cars, tesla getting some welcome news yesterday after german investigators who were looking into the highly-publicized fires, all three of them -- not a lot there, folks -- model s sedans that managed to catch fire for different reasons, but nonetheless, nobody was hurt.